Real Estate
Demolition in Philly dropped by half in 2020 — Is that a good thing?
The finding cheers preservationists but forecasts a possible slowdown in development in the city heading in 2021.
5 years ago
COVID didn’t stop Philly’s construction boom, but signs point to slowdown in 2021
Experts who monitor development trends say the future for dense cities like Philadelphia remains something of a question mark heading into 2021.
5 years ago
These Black developers want to show by example how to make it in a difficult, expensive industry
Bryheim Murray, of BKP group, recognizes that it’s a white industry and, because of that, it’s inherently harder for Black people to get involved.
5 years ago
The new regulations limit building height and ban some exterior building materials as well as roof decks.
5 years ago
Philly passes first-ever development impact tax, delays abatement reductions for another year
The new revenue generated by the 1% tax on residential development is intended to send millions of dollars towards new affordable housing projects.
5 years ago
Neighbors are winning concessions from developers — but not affordable housing
As Philadelphia sees a boom in multifamily construction, community groups are negotiating with developers. Affordable housing is an elusive target.
5 years ago
The study found that housing prices in the Philadelphia metro are about 10% higher than what the long-term cost trends suggest they should be.
5 years ago
Philadelphia moves toward creating a new construction tax and delaying abatement change
City Council is close to an agreement on a bill that would create a new tax on residential construction and push back a change to the city’s controversial development subsidy.
5 years ago
Less than a week before deadline, Wells Fargo relents on pandemic mortgage relief
Philly homeowners were approved for CARES Act aid, only to get rejection letters from the bank — which then reversed its position (again).
5 years ago
Wholesaler or huckster? Philly Council passes bill to curb real estate scammers
City Council unanimously passed the bill targeting real estate wholesalers. Despite Council support, some realtors fear the legislation could backfire.
5 years ago
‘We buy houses’: Philly Council targets real estate scammers with bill
A bill introduced by Philly City Councilmember Allan Domb and co-sponsors would create protections against scammers plastering the city with 'We buy houses' signs.
5 years ago
This election reveals why Philadelphia’s neighborhoods need a construction impact tax
A construction impact tax could support small businesses, job growth and affordable housing for those who need it the most in Philadelphia.
5 years ago
Judge: Painted Bride can sell its building after all
A panel of state judges overturned an earlier decision allowing the Philly arts presenter to sell its building, which will destroy a major Isaiah Zagar mural.
5 years ago
How the election is driving investors to Philadelphia’s ‘Opportunity Zones’
Fears of incoming Democratic control in Washington D.C. and baby boomer estate planning needs are fueling investment in certain Philadelphia neighborhoods.
5 years ago
Listen 2:07City Council approves bill allowing down zoning for Society Hill
Included are strict new building-height limits, increased parking requirements, and an end to bonuses and exemptions in the name of historic preservation.
6 years ago











